Shares of Viomi Technology Co Ltd – (NASDAQ:VIOT) have received a consensus broker rating score of 1.75 (Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two analysts have rated the stock with a buy rating.

Brokers have set a 12 month consensus price target of $11.45 for the company and are predicting that the company will post $0.15 EPS for the current quarter, according to Zacks. Zacks has also given Viomi Technology an industry rank of 160 out of 255 based on the ratings given to its competitors.

Separately, ValuEngine downgraded Viomi Technology from a “buy” rating to a “hold” rating in a research report on Monday, February 4th.

Viomi Technology stock traded up $0.15 during mid-day trading on Friday, hitting $10.18. 59,004 shares of the company were exchanged, compared to its average volume of 67,171. Viomi Technology has a 12-month low of $7.24 and a 12-month high of $12.29.

Large investors have recently made changes to their positions in the company. Point72 Asset Management L.P. purchased a new stake in shares of Viomi Technology in the third quarter valued at $113,000. Citadel Advisors LLC purchased a new stake in shares of Viomi Technology in the third quarter valued at $184,000. Point72 Hong Kong Ltd purchased a new stake in shares of Viomi Technology in the third quarter valued at $260,000. Dean Capital Investments Management LLC purchased a new stake in shares of Viomi Technology in the third quarter valued at $595,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Viomi Technology in the third quarter valued at $675,000. 12.04% of the stock is owned by institutional investors and hedge funds.

Viomi Technology Company Profile

Viomi Technology Co, Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China. The company offers IoT-enabled smart home products, including smart water purification systems; smart kitchen products, such as refrigerators, oven steamers, dishwashers, range hoods, and gas stoves; and other smart products comprising smart water kettles, washing machines, water heaters, and others.

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